China Television Media, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:14 am EDT
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China Television Media, Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 201.39 million compared to CNY 200.26 million a year ago. Revenue was CNY 201.39 million compared to CNY 200.26 million a year ago. Net loss was CNY 30.79 million compared to CNY 13.16 million a year ago. Basic loss per share from continuing operations was CNY 0.077 compared to CNY 0.033 a year ago. Diluted loss per share from continuing operations was CNY 0.077 compared to CNY 0.033 a year ago.
China Television Media, Ltd. is a China-based company principally engaged in the movies and televisions (TVs) businesses. The movies and TV related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The Company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. Besides, the Company is also engaged in the provision of related technology services through its subsidiaries.
CHINA TELEVISION MEDIA, LTD. 
